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PT Ashmore Asset Management Indonesia Tbk (ISX:AMOR) Return-on-Tangible-Asset : 22.51% (As of Mar. 2025)


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What is PT Ashmore Asset Management Indonesia Tbk Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. PT Ashmore Asset Management Indonesia Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp75,956 Mil. PT Ashmore Asset Management Indonesia Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp337,488 Mil. Therefore, PT Ashmore Asset Management Indonesia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 22.51%.

The historical rank and industry rank for PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:AMOR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 23.65   Med: 27.31   Max: 30.14
Current: 23.68

During the past 5 years, PT Ashmore Asset Management Indonesia Tbk's highest Return-on-Tangible-Asset was 30.14%. The lowest was 23.65%. And the median was 27.31%.

ISX:AMOR's Return-on-Tangible-Asset is ranked better than
93.58% of 1682 companies
in the Asset Management industry
Industry Median: 4.285 vs ISX:AMOR: 23.68

PT Ashmore Asset Management Indonesia Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Ashmore Asset Management Indonesia Tbk Return-on-Tangible-Asset Chart

PT Ashmore Asset Management Indonesia Tbk Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
23.65 27.31 30.14 24.77 29.08

PT Ashmore Asset Management Indonesia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.62 31.48 16.33 23.81 22.51

Competitive Comparison of PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset

For the Asset Management subindustry, PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Ashmore Asset Management Indonesia Tbk's Return-on-Tangible-Asset falls into.


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PT Ashmore Asset Management Indonesia Tbk Return-on-Tangible-Asset Calculation

PT Ashmore Asset Management Indonesia Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=105323/( (354633+369770)/ 2 )
=105323/362201.5
=29.08 %

PT Ashmore Asset Management Indonesia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=75956/( (341185+333790)/ 2 )
=75956/337487.5
=22.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


PT Ashmore Asset Management Indonesia Tbk  (ISX:AMOR) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


PT Ashmore Asset Management Indonesia Tbk Return-on-Tangible-Asset Related Terms

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PT Ashmore Asset Management Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav 52-53, 18th Floor SCBD Lot 10, Pacific Century Place, Jakarta, IDN, 12190
PT Ashmore Asset Management Indonesia Tbk is an investment management company. It focuses on a number of investment themes which includes External Debt, Local Currency, Corporate Debt, Equities, and Alternatives. It engages in the investment management service business, particularly in equity funds, bond mutual funds, mixed mutual funds, and money market funds sold to retail and institutional investors.

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